The Shanghai-based company, which employs over 10,000 people in its yards, called the meeting in response to industry speculation, possibly fuelled by some of its suppliers, that it might not survive the ongoing liquidity squeeze and slowdown in the shipping sector.
“There are many rumours about our company so we need to clarify these,” Sinopacific said.
“Sinopacific does not have problems in delivery, and there are no problems in our financial area.”
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